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Fine Wines/Champagne and Spirits in South Korea

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    Report

  • 23 Pages
  • October 2025
  • Region: South Korea
  • Euromonitor International
  • ID: 2509926
In 2025, fine wines/champagne and spirits in South Korea achieved moderate retail value growth of 4%, reaching KRW889 billion. This increase reflected rising disposable incomes, the ongoing premiumisation trend, and the evolving tastes of consumers, who demonstrated an increased willingness to pay a premium for high-quality, exclusive alcoholic drinks offering unique flavours and superior ingredients.

The Fine Wines/Champagne and Spirits in South Korea report offers a comprehensive guide to the size and shape of the Fine Wines/Champagne and Spirits market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Fine Wines/Champagne and Spirits retailing along with the development of consumers’ shopping patterns. Forecasts to 2029 illustrate how the market is set to change

Product coverage: Fine Wines, Luxury Spirits.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Fine Wines/Champagne and Spirits market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2025 DEVELOPMENTS
  • Premiumisation trend in alcoholic drinks drives growth for fine wines/champagne and spirits
  • Ballantine’s Masters sees dynamic growth with launch of limited editions
  • Growing demand for premium imported wines and spirits drives growth
PROSPECTS AND OPPORTUNITIES
  • Premiumisation and wellness trends to drive growth in fine wines/champagne and spirits
  • Luxury brands set to adopt sustainable practices and immersive experiences
  • Growing demand off-trade, but on-trade will also remain important
CATEGORY DATA
  • Table 1 Sales of Fine Wines/Champagne and Spirits by Category: Value 2020-2025
  • Table 2 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2020-2025
  • Table 3 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2020-2024
  • Table 4 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2021-2024
  • Table 5 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2020-2025
  • Table 6 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2025-2030
  • Table 7 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMERLUXURY GOODS IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Luxury goods in 2025: The big picture
  • 2025 key trends
  • Competitive landscape
  • Retail developments
  • What next for luxury goods?
MARKET DATA
  • Table 8 Sales of Luxury Goods by Category: Value 2020-2025
  • Table 9 Sales of Luxury Goods by Category: % Value Growth 2020-2025
  • Table 10 Inbound Receipts for Luxury Goods by Country of Origin: Value 2020-2025
  • Table 11 NBO Company Shares of Luxury Goods: % Value 2020-2024
  • Table 12 LBN Brand Shares of Luxury Goods: % Value 2021-2024
  • Table 13 Distribution of Luxury Goods by Format and Category: % Value 2025
  • Table 14 Forecast Sales of Luxury Goods by Category: Value 2025-2030
  • Table 15 Forecast Sales of Luxury Goods by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
  • Summary 1 Research Sources